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Top headlines: World Bank's $1 bn aid for India as ADB cuts growth estimate

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World Bank
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World Bank

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1. Coronavirus outbreak: World Bank approves $1-bn emergency fund for India

The World Bank on Thursday approved $1-billion emergency financing for India to tackle the coronavirus outbreak, which has claimed 76 lives and infected 2,500 others in the country.

The World Bank's first set of aid projects, amounting to $1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 nations using the fast-track process, the bank said. Read more...

2. ADB cuts India growth estimate to 4% for FY21 amid global Covid-19 pandemic

India's economic growth is likely to slow down to

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